WikiFX

Sagot

From my experience and careful review of the available information about PNB, it’s important to clarify that PNB operates primarily as a traditional and digital bank, not a specialized forex broker. Although they offer foreign currency accounts and some investment services, I could not find any detailed evidence that they provide true ECN or raw spread forex trading accounts in the way that major online forex brokers do. This distinction matters because, in standard forex industry practice, ECN or raw spread accounts typically charge a commission per lot traded, separate from the spread. For PNB, there is simply no mention of a commission structure per lot or any dedicated forex trading fees that would apply to ECN or raw spread accounts. The bank’s fee structure is focused on banking operations, such as foreign currency withdrawals, remittance, and maintenance charges, but not specialized trading commissions. This absence of detailed trading commission information strongly suggests that PNB does not support direct retail forex trading through an ECN or raw spread model where commissions per lot would apply. For me, this lack of transparency and regulatory oversight, coupled with the absence of industry-standard trading account types, makes PNB unsuitable as a primary venue for serious forex trading. I exercise caution and would recommend seeking a regulated, specialized broker if ECN trading and clear commission terms are crucial to your trading strategy.